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Housing bill passes House, goes to Trump’s desk

Key insight: The housing package aims to cut red tape for housing construction, especially manufactured housing.  What’s at stake: The bill also includes a handful of closely watched community bank riders, including measures related to reciprocal and custodial deposits.  Forward look: President Donald Trump is expected to sign the bill without delay.  WASHINGTON — A […]

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FHFA looks to push chattel loans in Duty to Serve revision

The Federal Housing Finance Agency called for the large government-sponsored enterprises it oversees to get more involved in chattel lending in a proposed revision of the Duty to Serve rule. Processing Content The FHFA notice of proposed rulemaking published in the Federal Register on Wednesday calls for replacing the current system of support for manufactured

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Housing shortage may shift to oversupply long-term: study

The post-financial crisis narrative of a housing shortage is starting to unravel.  Processing Content A combination of low immigration, limited population growth and aging boomers could lead to a flattening of housing demand in the next couple decades, according to a white paper published by the Mortgage Bankers Association.  “Over the past several years, growth

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